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The actuarial science program stands out among CLAS majors by directly equipping students for a professional career as actuaries. These professionals apply mathematical principles to assess and manage risk within insurance and related fields. Achieving full actuarial licensure requires passing a sequence of professional examinations, with insurance firms typically providing compensated study time for these tests. Beyond career-specific training, this major develops robust analytical abilities, problem-solving techniques, and critical thinking competencies transferable to diverse industries. Alumni not entering actuarial roles often secure positions across insurance sectors, including sales, financial advisory services, and corporate operations.
The curriculum mandates supplementary coursework in finance, economics, programming, and accounting. Distinct from other specializations, admission demands a 3.2 GPA both overall and in mathematics, with this academic standard required for continued enrollment in the program.